Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Letters to the Editor, Business

Letter to the Editor: Parking Info For Free

I read with interest your Sept. 15 article — “Michigan DOT Relies on Smart Phones for Alerts About Parking on I-94” — in particular, the part about the $4.5 million grant from the Federal Highway Administration.

October 20, 2014

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

Perspective, Business

Opinion: An Attorney’s Primer on Truck Drivers

How you interact with the truck drivers you represent can make a significant impact on your client’s satisfaction — and even the ultimate resolution of the case.

October 20, 2014
Editorial, Business

Editorial: We Aren’t Devo

Back in the 1970s and ’80s there was a band called Devo, a bunch of New Wave rockers from Ohio who wore yellow rubber suits and proclaimed, with great panache, that we as a species were devolving.

October 20, 2014
Business

Truck Sales Surge 24.5%

U.S. retail heavy-duty truck sales continued their torrid pace, topping 20,000 in September for just the second time since 2006, WardsAuto.com reported.

October 20, 2014
Editorial, Business, Safety, Government

Trucking Failures Slow in 3Q on Rates, Fuel, Report Says

A total of 9,090 trucks were taken off the road due to fleet bankruptcies in the third quarter, a slight decline from the second quarter, as rising freight rates and falling fuel prices helped keep some marginal fleets afloat, Avondale Partners analyst Donald Broughton said.

October 20, 2014
Business

Mexican Fleets Keep US Authority as Pilot Program Ends

The Federal Motor Carrier Safety Administration is allowing 13 Mexico-based trucking companies that were part of the agency’s cross-border pilot program to maintain U.S. operating authority.

October 20, 2014
Business

Fleets to Post Higher 3Q Earnings on Rising Rates, Strong Economy

Third-quarter earnings at nearly all publicly traded trucking businesses are expected to show solid year-over-year growth, propelled by factors such as higher rates and the improving economy, industry analysts believe.

October 20, 2014
Business

DME Viability as Fuel Touted, but has ‘Steep Hill to Climb’

SAN DIEGO — Executives attending a dimethyl ether industry meeting here were told by trucking representatives that while the fuel has a number of desirable qualities, the jury is still out on its practicality as a transportation fuel.

October 20, 2014
Business, Logistics

CP Seeks Rail Merger with CSX, Reports Say

Canadian Pacific Railway Ltd. reportedly is pursuing CSX Corp. at a time when the U.S. regulators who would have to approve such a move are showing increasing frustration with today’s delay-plagued rail environment.

October 20, 2014
Business

Split Decision on Union Representation at 2 Northeast FedEx Freight Terminals

FedEx Freight drivers at a Philadelphia-area terminal voted last week to become the first U.S. workers at the largest less-than-truckload carrier to become Teamsters members.

October 20, 2014